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Feb 25, 2013
02/13
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he joins us now. bottom line, nothing's getting done. you could make an argument nothing getting done with $835 million of cuts that are better than no cuts is okay. what do you say? >> well, i mean it's going to be cuts. there's going to be 85 billion but it's not smart. both sides agreed. the president's idea, republicans went along with it, thought it was a good day. >> neil: they thought it wasn't going to happen. >> no one thought this would happen. the reason we're talking about drastic cuts, they're making them up. no, we made them drastic on both sides, drastic on defense and -- >> you say drastic, yes -- i'm not minimizing that but no one is cutting anything in the aggregate. >> right. >> it's slowing the rate of growth in some programs. i guess i'm wondering, not taking sides, if that causes a hullabaloo, what do we have to do to really cut? >> the reason it's causing this -- if there was flexibility built into the 85 billion. defense department decides where the cuts come from. there will be no problemz. >> neil: what about th
he joins us now. bottom line, nothing's getting done. you could make an argument nothing getting done with $835 million of cuts that are better than no cuts is okay. what do you say? >> well, i mean it's going to be cuts. there's going to be 85 billion but it's not smart. both sides agreed. the president's idea, republicans went along with it, thought it was a good day. >> neil: they thought it wasn't going to happen. >> no one thought this would happen. the reason we're...
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Feb 20, 2013
02/13
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byron york will join us in a bit. i want to put this in perspective. 85 billion in a budget of $3.8 trillion. a debt of 16 plus trillion. this week, warning of a fiscal trap, last week more concern with golf traps. >> playing with mr. president was pretty cool. he's a wonderful person to be around and we won. he's an avid golfer and so am i. so we went out there and we had a great round of golf with ron and jim and it was a good day. >> a good day. but to herman cain, not exactly good optics. what do you think? >> neil, i think that it is an insult to the american people. the main reason the president is playing golf with respect to the sequestration thing, he does not care. he even said in 2011 that it wasn't going to happen. he has enough time with congress being in recess, he goes and plays golf, to play the blame game. to build a public case. neil, we do not have a leader in the white house. we have a politician in the white house who is more concerned about his public image because it has worked in the past. now,
byron york will join us in a bit. i want to put this in perspective. 85 billion in a budget of $3.8 trillion. a debt of 16 plus trillion. this week, warning of a fiscal trap, last week more concern with golf traps. >> playing with mr. president was pretty cool. he's a wonderful person to be around and we won. he's an avid golfer and so am i. so we went out there and we had a great round of golf with ron and jim and it was a good day. >> a good day. but to herman cain, not exactly...
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Feb 14, 2013
02/13
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can you update us on that? >> yes. i think the scenario is very likely that when we come back a week from tuesday, he'll probably get -- we'll move forward to the up and down vote. that's likely unless something else pops up. we haven't been able to get information about what happened in benghazi. it's been a massive stone wall. we wanted to know whether the president talked to anyone in libya on the night of the attack. we know he only spoke to the chairman of the joint chiefs and defense secretary at that prearranged meeting on another subject and never talked to them the rest of the night or talked to the secretary of state and didn't call the libyans while our rescue operation team was at the airport in tripoli for 3.5 hours. there are so many questions. >> what did they provide today? anything to ease your concern? >> he finally said no, he didn't talk to any libyan until 24 hours later. that's very interesting when he must have been or should have been told they got an american rescue team that is being held up a
can you update us on that? >> yes. i think the scenario is very likely that when we come back a week from tuesday, he'll probably get -- we'll move forward to the up and down vote. that's likely unless something else pops up. we haven't been able to get information about what happened in benghazi. it's been a massive stone wall. we wanted to know whether the president talked to anyone in libya on the night of the attack. we know he only spoke to the chairman of the joint chiefs and...
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Feb 1, 2013
02/13
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. >> so what does that mean for us? >> well, it means -- it means that republicans are going to be fighting on the federal spening part but likely we're going to live in an economy that's structured according to president obama's wishes for the next four years because he got reelected. >> byron york, nice to see you from san francisco. always appreciate it. >> thank you, jenna. >>> the white house reaction to today's job report is this. the president's economic advisors saying critical investments are needed to promote job creation. that's part of the game plan. is more spending the answer here? former ohio democratic congressman and fox news contributor now dennis accuse k. spend what and spend it where? >> first of all, we can't be talking about more taxes. we have to talk about creating more tax pay years. we the country needs more employers. that's what the country needs now. as far as cutting spending, we have to be aware if we cut spending significantly, the gdp which is already slowing down is going to make an ev
. >> so what does that mean for us? >> well, it means -- it means that republicans are going to be fighting on the federal spening part but likely we're going to live in an economy that's structured according to president obama's wishes for the next four years because he got reelected. >> byron york, nice to see you from san francisco. always appreciate it. >> thank you, jenna. >>> the white house reaction to today's job report is this. the president's economic...
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Feb 28, 2013
02/13
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what does us mean when it happens in >> neil: not today. still shy of an all-time high but we got close. the dow seeing green for the month of february nevertheless and has been -- investors celebrating. market watcher larry is worry else is driving this. and melissa is in texas. larry, your sense of whatever will propel us to that record high -- it's when, not if -- is all the wrong stuff. explain. >> well, investors were remind not to focus on the number, whether it's the dow or the s&p. instead focus on the fundamentals can the foundation of the economy. why were there and what is the support for that rally going forward? individual investors know they can't fight the feds. they can't sit there when their cost of living is going up and gas and health care and education i soaring. they know the stock market is being priced for perfection, and it's a legal of perfection that is not demonstrated in the economy. we have gdp, very mediocre, employment, very mediocre. those are the fundamental wes need to see long-lasting. the fed can prop up
what does us mean when it happens in >> neil: not today. still shy of an all-time high but we got close. the dow seeing green for the month of february nevertheless and has been -- investors celebrating. market watcher larry is worry else is driving this. and melissa is in texas. larry, your sense of whatever will propel us to that record high -- it's when, not if -- is all the wrong stuff. explain. >> well, investors were remind not to focus on the number, whether it's the dow or...
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Feb 4, 2013
02/13
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maybe we can use it to our advantage. but they shouldn't be touching it because anytime day touch something private it turns in a complete disaster and this will give the government the able to were re mow, which means spend more. >> katie, it sounds like they want to manage it the way they've managed or mismanaged the associating -- social security trust fund. >> that's exactly what the government does. the social security system was set up to pay for your retirement when you get older. the fact it that's been a slush fund for other programs. the whole lock box notion has never worked. and now that money is not going to be there. and so they're looking at the 401k is doing the same thing and this is the first time the government has been eyeing the 401k system. a year ago they looked at it in terms of getting rid of tax incentives that encouraged people to save, but in the long run only going to create more problems because people put my in the 401k to be private and away from government and depep dent on the government
maybe we can use it to our advantage. but they shouldn't be touching it because anytime day touch something private it turns in a complete disaster and this will give the government the able to were re mow, which means spend more. >> katie, it sounds like they want to manage it the way they've managed or mismanaged the associating -- social security trust fund. >> that's exactly what the government does. the social security system was set up to pay for your retirement when you get...
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Feb 22, 2013
02/13
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it's important for us to use our majority to prevent him from doing that. >> neil: you will use the sequestration cuts that automatically go in effect as the lesser of two evils. accept them if the alternative were to raise taxes. so you're ready for the fire from that? >> well, let's be really clear. the sequester is terrible policy. it was designed to be terrible policy. >> neil: i understand that. but you would accept that over any talk of a tax hike, and so should speaker boehner? >> well, here is the thing. we have already voted twice to unwind the sequester, and it is passed. that was before i got there and neither the senate democrats or the senate wanted to hear it. so the answer is, yes, we need to unwind the sequester. you don't do it by raising tacks-especially given the fact that 50 days ago republicans voted to raise taxes. >> you're dead set against miami talk of revenues and any further discussions. >> listen, we have right now in american history the highest tax revenue we have ever had. now is not the time to turn and say we don't have enough revenue. now this time say how do we
it's important for us to use our majority to prevent him from doing that. >> neil: you will use the sequestration cuts that automatically go in effect as the lesser of two evils. accept them if the alternative were to raise taxes. so you're ready for the fire from that? >> well, let's be really clear. the sequester is terrible policy. it was designed to be terrible policy. >> neil: i understand that. but you would accept that over any talk of a tax hike, and so should speaker...